APARTMENTS / CONDOMINIUM / TOWNHOUSES
- Multifamily
- Affordable
- Senior Living
- Student Housing
INDUSTRIAL
Warehouse
Manufacturing
Convention Center
Industrial Storage
Self-Storage
Flex
HOSPITALITY
Hotels
Bed & Breakfast
BLUEPRINT CRE
REAL ESTATE FINANCIAL MODELINGS
OFFICE
Office-Business Park
Multi-Tenant
Low to High Rise
Medical Buildings
RETAIL
Single-Tenant
Multi-Tenant
Shopping Centers
Mixed Use
LAND / HOUSING
Land Development
Single-Family Homes
CLASS "A" Location
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Selected central business districts
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Best location with high-end restaurants, wealthiest people, higher-cost real estate
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More demand, higher purchase cost = lower cash flows
CLASS "A" building
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Generally newer, less than ten years old
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When greater than 10 years, they have been substantially renovated
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Highest-quality tenants
CLASS "B" Location
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Still selected central business districts, but more affordable than Class "A"
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Good restaurants, middle-class people, average valued real estate
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Good demand, average purchase cost = average cash flows
CLASS "B" building
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Generally, product built within the last 20 years
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Good quality construction with little deferred maintenance
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Commands rents within the range of Class “B” tenants
CLASS "C" Location
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Local, more affordable business centers.
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likely a lower-income area with homes that are old—30 years or more
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Properties will typically rent for a low amount in this area
CLASS "C" building
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Generally, product built within the last 30 years
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Improvements show some age and deferred maintenance
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Commands rents within the range of Class “C” tenants
CLASS "D" Location
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Situated in fringe or mediocre locations
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Homes are 30 years old or more with little or no maintenance
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Low rent prices with high turnover
CLASS "D" building
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Generally, product over 30 years old, worn properties, operationally more transient
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Marginal construction quality and condition
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Lower side of the market unit rent range